The Securities and Exchange Commission today announced that Barry D. Miller, Associate Director of Disclosure Review and Accounting in the Division of Investment Management, will retire from the SEC at the end of this month after more than 40 years of public service, including more than 30 years of service at the SEC.

As an associate director overseeing the division's disclosure and accounting review programs, Mr. Miller has been primarily responsible for the implementation of disclosure and accounting policy that impacts nearly 16,000 investment companies, including open-end, closed-end, exchange-traded funds, unit investment trusts, and business development companies.His work included overseeing the review of many novel funds involving new and unique structures and strategies, including some of the first exchange-traded funds.Mr. Miller also provided key counsel on all rules that impact or include disclosure and accounting requirements, from managing the overhaul of mutual fund disclosures following the 2009 "summary prospectus"reforms to building a new review system for fund annual reports as required by the Sarbanes-Oxley Act.Mr. Miller also has overseen the modernization of how the Division reviews fund disclosures, including incorporating the use of data to target key issues and increase the efficiency of the review process.

"For over 30 years, Barry has been a dedicated public servant who has worked hard every day to serve America's investors,"said Chairman Jay Clayton. "He leaves a lasting legacy at the Commission."

"Barry has been a transformative leader throughout his distinguished public service career. American investors have been well served by Barry's focused attention on fair and full disclosure,"said Dalia Blass, Director of the Division of Investment Management. "For decades Barry has taught and mentored countless attorneys and accountants on the importance of disclosure to the American investor and our markets, often empowering the staff around him to become thought leaders themselves.His thoughtful leadership, commitment to the SEC's mission, and sound counsel will be missed,"Ms. Blass added.

"I feel extremely fortunate to have been able to learn from and work with the talented staff in the division and throughout the Commission,"said Mr. Miller. "I am very proud of the work we have done to provide full and fair disclosure to everyday investors and assist in capital formation.I cant imagine a better place to have spent my legal career."

Mr. Miller has been recognized for his service on a number of occasions, including receiving the Byron Woodside Award in 2004 for his contributions to the Commission's full disclosure program.Prior to his role as Associate Director, Mr. Miller held several senior positions within the division, including Assistant Chief Counsel, Assistant Director in the Disclosure Review Office, and Senior Special Counsel in the Exemptive Applications Office, where he was a key member of the team that revised and recommended exemptive relief for the first exchange-traded fund, the S&P 500 ETF Trust ETF (SPDR), to the Commission.He began his career in the division in 1985 as a financial analyst.

Mr. Miller began his federal government career in 1977, serving as a tax auditor at the Internal Revenue Service and later as a financial analyst at NASA's Goddard Space Flight Center.He earned his bachelor's degree from Wake Forest University, master's degree in business administration from the University of Maryland, and law degree from George Washington University.

Order by: 
Per page:
  • There are no comments yet
   Comment Record a video comment
Related Feed Entries
The Securities and Exchange Commission today announced that Elizabeth McFadden has been named Deputy General Counsel for General Law and Management of the agency. The Deputy General Counsel for General Law and Management provides daily oversight into representation of the Commission, its members and employees in litigation and advises the Commission and Divisions and Offices within the Commission with respect to general law responsibilities, personnel management and budget. The Deputy General C…
11 days ago · From Securities Exchange Commission
The Securities and Exchange Commission today announced that Manisha Kimmel will serve as Senior Policy Advisor for Regulatory Reporting to Chairman Jay Clayton. In this new role, Ms. Kimmel will coordinate the SECs oversight of the self-regulatory organizations (SROs) creation and implementation of the Consolidated Audit Trail (CAT). Ms. Kimmel will work closely with the Division of Trading and Markets and other divisions and offices on the CAT and other regulatory reporting matters. In the wak…
29.01.2019 · From Securities Exchange Commission
The Securities and Exchange Commission todayannounced that Martha Legg Miller has been named as the first Advocate for Small Business Capital Formation. The position and the new Office of the Advocate for Small Business Capital Formation were created pursuant to the bipartisan SEC Small Business Advocate Act of 2016. As the Advocate for Small Business Capital Formation, Ms. Miller will oversee the office dedicated to continuing to advance the interests of small businesses and their investors at…
21.12.2018 · From Securities Exchange Commission
The Securities and Exchange Commission today voted to propose a new rule and related amendments designed to streamline and enhance the regulatoryframework for fund of funds arrangements.Funds of funds are created when a mutual fund or other type of fund invests in shares of another fund. "Mutual funds, exchange-traded funds (ETFs) and other types of funds have become increasingly important for Main Street investors to save for retirement and meet their other financial goals,"said SEC Chairman J…
19.12.2018 · From Securities Exchange Commission
The Securities and Exchange Commission today announced that Daniel Kahl has been named Deputy Director of the agencys Office of Compliance Inspections and Examinations (OCIE). Mr. Kahl has been with the SEC for over 17 years, serving as OCIEs Chief Counsel since February 2016. He will continue to serve as Chief Counsel while also assuming this additional leadership role in OCIE. As a Deputy Director, Mr. Kahl will be based in Washington, D.C. and, together with current Deputy Director Kristin Sn…
18.12.2018 · From Securities Exchange Commission
0 votes
Michael Blair
Time is your GREATEST asset
23.08.2018 (23.08.2018)
0 Subscribers